Expensive vs. Economical - The Suit

2- Economical shirt

Label: Gap Price tag: $44 So, this shirt might not have the words "crisp" and "poplin" attached to it, but it doesn't mean that it won't look just as snazzy under your new suit. This classic fit, high-quality, woven-cotton shirt may be cheaper in price, but will still help you pull off the sophisticated look you're going for.

3- Economical tie

Label: Banana RepublicPrice tag: $59 Colored, patterned ties are all the rage this season, just like this 100% silk, orange and blue tie from Banana Republic. While adding a little contemporary style to the classic look you're sporting, this tie doesn't look a dime under $100.

4- Economical shoes

Label: Johnston & MurphyPrice tag: $134 After you've got the suit pulled together, slip into the right leather loafer to finish off the look. Don't go running for the nearest shoe bargain bin — "pleather" loafers will just ruin the stylish look you've worked so hard to achieve. These shoes, for example, are a great investment because they're made of quality Italian leather, meaning they look great and they'll last you a while.

What's the damage?

This modern, yet reasonably affordable, look will set you back $737.

suiting up

If you can afford to drop loads of cash on an ultra-expensive suit, be my guest. But if you, like most people, have to stick to a reasonable budget when it comes to your wardrobe, you can still look sharp. Don't sacrifice quality just because you can't afford the top designer labels — with a little bit of extra shopping effort, you can find affordable, quality pieces that will have you looking like a million bucks.